A man shops for shoes at a Nike outlet store in Los Angeles on April 10, 2025. Frederic J. Brown | Afp | Getty Images America’s largest shoe brands are asking President Donald Trump for a tariff reprieve. The Footwear Distributors and Retailers of America trade group sent a letter to the White House this…
Customers shop in an Adidas store on April 4, 2025 in Miami, Florida. Joe Raedle | Getty Images Sportswear giant Adidas on Tuesday said that U.S. President Donald Trump’s tariffs would result in price hikes for all its U.S. products. The company said it did not yet know by how much it would boost prices,…
Cambodian factory workers exit their factory as they take a lunch break in Phnom Penh on March 2, 2020. Tang Chhin Sothy | Afp | Getty Images As European markets tumbled Thursday following U.S. President Donald Trump’s stunning tariff announcements, big retail names selling products ranging from sportswear to jewelry were among the worst performers….
An Adidas flagship store at Nanjing Road Pedestrian Street in Shanghai, China. Cfoto | Future Publishing | Getty Images Adidas on Wednesday reported an uptick in fourth-quarter sales that exceeded expectations, as the retailer sold off the last of its remaining Yeezy stock, but pointed to slower revenue growth in the year ahead. The German…
